Global Warehouse Automation Market

Warehouse Automation Market Size, Share, Growth Analysis, By Component(Hardware and Software), By Application(Automotive, Food and beverage, E-Commerce, Pharmaceutical), By Region - Industry Forecast 2024-2031

Report ID: SQMIG20I2238 | Region: Global | Published Date: April, 2024
Pages: 202 | Tables: 63 | Figures: 69

Warehouse Automation Market News

  • In April 2023, SVT Robotics announced a new SOFTBOT Platform Connector for Tecsys Inc. Together, SVT and Tecsys developed and launched a pre-built connector between Tecsys WMS and SVT's SOFTBOT Platform. This connector will enable Tecsys Elite clients to automate multiple systems and deploy robotics more quickly and simply—without needing to create custom code. 
  • In March 2023, An announcement was made regarding the construction of a one million square foot multi-customer warehouse park in Talegaon, Pune, Maharashtra, by Mahindra Logistics Ltd. (MLL) and Ascendas-Firstspace. The warehouse will be constructed using recycled building materials, waste management powered by renewable energy, cutting-edge automation, and liquid discharge control in accordance with the company's sustainability criteria. 
  • In January 2023, AutoStore announced the launch of Pio in North America. Pio is a plug-and-play version of the well-regarded AutoStore cube storage technology, designed for small and medium-sized enterprises. Pio helps small and medium-sized businesses (SMBs) in the sporting goods, crafts, cosmetics, and garment industries find robotic automation at a relatively cheap cost, encouraging more companies to take use of the greatest automation technologies available globally.
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.



Warehouse Automation Market size was valued at USD 15.81 billion in 2022 and is poised to grow from USD 18.24 billion in 2023 to USD 57.38 billion by 2031, growing at a CAGR of 15.4% in the forecast period (2024-2031).

The warehouse automation market is highly competitive and constantly changing as companies in all manner of sectors, recognizing the necessity of running supply chains efficiently and smoothly, compete to win a bigger share. The market's key players include several established players in automation solutions, such as Dematic, Honeywell Intelligrated, and Swisslog, who, utilizing advanced technologies, offer a broad range of warehouse automation solutions. These companies offer a series of end-to-end automation products, including robotic picking systems, automated guided vehicles (AGVs) & components, warehouse management systems (WMS), and material handling equipment. Also, the presence of technology giants like Amazon Robotics and KION Group means the market is full of innovations powered by advanced robotics and artificial intelligence to improve the efficiency of warehouse operations. 'Bastian Solutions LLC', 'Netsuite', 'ATMOS', 'Daifuku Co Ltd.', 'Dorabot', 'Fanuc Corporation', 'Honeywell International Inc.', 'Jungheinrich AG, KION GROUP (DEMATIC)', 'Kuka AG, Omron Corporation', 'Schneider Electric', 'Siemens AG', 'SSI-Schaefer', 'Yaskawa Electric Corp', 'Zebra Technologies Corporation'

As Internet sales have exploded, order volumes have skyrocketed and efficiency in distribution and order fulfillment has become a prerequisite for online retailers. To keep up as e-commerce companies struggle to accommodate their quickly expanding customer base, many e-commerce companies have turned to warehouse automation solutions to improve their order fulfillment efficiency. Advanced automation technologies such as Robotic systems, automated guided vehicles (AGVs), and sophisticated warehouse management systems all help make warehouses more efficient, reducing your costs of operation while cutting order-processing times. With the rapid growth of e-commerce, it is no wonder that such automation technologies need an incentive to take them out of the commercial freezer. In short, the growth of e-commerce combined with the advent of warehouse automation has given rise to a profound sea change in the way that businesses handle their logistics and supply chain systems.

With the growth of e-commerce and rising consumer demand for fast and accurate deliveries, many businesses are now automating their warehouses to improve their efficiency. Large and small robotic systems such as autonomous mobile robots (AMRs), robotic arms, and automated guided vehicles (AGVs) have been used to do everything from picking to packing to sorting to transportation within warehouses. Equipped with advanced sensors, equipped with machine learning algorithms, and powered by artificial intelligence, these robots can negotiate complex warehouse environments, optimize routes, & perfectly complement collaborative work with human workers. In addition to speeding up order fulfillment, the integration of robotic solutions eliminates error, lowers the costs of labor, and improves the efficiency of the entire supply chain. This trend toward robotizing warehouse automation is a move by the industry toward a higher level of operational excellence and is responsive to the rapidly changing nature of modern commerce.

North America's dominant position in the region has been aided by its excellent economic environment, advanced technological infrastructure, and widespread understanding of the advantages of warehouse automation. Moreover, the presence of many large market players and the early development of automated warehouse technologies have promoted the market. More rapid e-commerce development, faster e-commerce growth, and vast warehouse operations that are both cost-efficient and streamlined have also exacerbated the popularity of warehouse automation solutions in this region.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.


Feedback From Our Clients

Global Warehouse Automation Market

Report ID: SQMIG20I2238